EBA says Credit Agricole Groupe to be tested in 2016

November 5, 2015 12:48 PM

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FRANKFURT Nov 5 The European Banking Authority will test French lender Credit Agricole Groupe, not its listed entity Credit Agricole SA, in a pan-European health check next year, an EBA spokesperson said on Thursday.

An initial version of the EBA list of banks that will be covered in the test erroneously included Credit Agricole S.A., which has lower capital levels than its parent company, Credit Agricole Groupe. The list, published on the EBA website, has now been corrected.

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